The Store of the Future
Technology is changing the way consumers shop, not just online but also in stores. Here Worldpay looks at initiatives designed to make payments as seamless as possible, beginning with specialized cameras using facial recognition software to combat payment fraud. The focus then shifts quite literally to other worlds, with ideas on how to handle payments through virtual reality. The company also previews its novel downloadable software payment terminal, which simply pairs a special app with the native hardware of specific mobile phones. The presentation concludes with a brief look at initial findings from a pilot program using this payment terminal.